CM Wealth Advisors LLC Has $23.15 Million Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

CM Wealth Advisors LLC trimmed its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 5.0% during the fourth quarter, HoldingsChannel reports. The fund owned 42,956 shares of the company’s stock after selling 2,249 shares during the quarter. Vanguard S&P 500 ETF comprises 7.6% of CM Wealth Advisors LLC’s holdings, making the stock its 4th largest position. CM Wealth Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $23,145,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VOO. Your Advocates Ltd. LLP bought a new position in Vanguard S&P 500 ETF during the 4th quarter worth $29,000. Asset Management One Co. Ltd. lifted its stake in shares of Vanguard S&P 500 ETF by 185.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after acquiring an additional 37 shares during the period. Delos Wealth Advisors LLC increased its position in Vanguard S&P 500 ETF by 166.7% during the 4th quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock valued at $43,000 after purchasing an additional 50 shares during the period. Sherman Asset Management Inc. acquired a new position in shares of Vanguard S&P 500 ETF in the 4th quarter worth approximately $52,000. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter valued at $53,000.

Vanguard S&P 500 ETF Stock Up 1.8 %

VOO stock opened at $490.55 on Monday. The company’s fifty day simple moving average is $525.55 and its 200 day simple moving average is $536.99. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $563.92. The firm has a market cap of $1.38 trillion, a price-to-earnings ratio of 24.79 and a beta of 1.01.

Vanguard S&P 500 ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $1.8121 dividend. This is an increase from Vanguard S&P 500 ETF’s previous dividend of $1.78. The ex-dividend date of this dividend was Thursday, March 27th.

Vanguard S&P 500 ETF Company Profile

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks.